Tech riderRev. 30 Sept 2026
- 1Runs onWeb
- 2Costsfree trial · paid from $99/mo
- 3Standards supportedboth
- 4Lease limit10 leases
- 5Disclosure reportingYes
- 6Journal entriesYes
- 7Multi-entity supportYes
7 lines stated Written from the maker's own pages: cradleaccounting.com
Overview
Cradle is ranked #6 of 55 in lease accounting software on Specifiction. It runs on Web. There is no free plan. A free trial is offered. Paid plans start at $99/mo.
Cradle plans and pricing
All plansSmall Plan $99/mo first day of every period up to 10 agreements · unlimited users · no training · IFRS 16, ASC 842 and FRS 102 cradleaccounting.com · 30 Sept 2026
Regular Plan $199/mo first day of every period up to 20 leases · unlimited users · no training · IFRS 16, ASC 842 and FRS 102 cradleaccounting.com · 30 Sept 2026
Enterprise Not published 20 - 10,000+ agreements · training · private servers · choice of geographical server location · custom solutions cradleaccounting.com · 30 Sept 2026
Compared on lease accounting software
- Free plan
- Nocradleaccounting.com
- Paid from
- $99/mocradleaccounting.com
- Standards supported
- bothcradleaccounting.com
- Lease limit
- 10 leasescradleaccounting.com
- Disclosure reporting
- Yescradleaccounting.com
- Journal entries
- Yescradleaccounting.com
- Multi-entity support
- Yescradleaccounting.com
Facts
- Product purpose
- Cradle is a web-based command center that automates lease accounting and compliance reporting.cradleaccounting.com · 30 Sept 2026
- Automated accounting
- Cradle automatically performs present value calculations, modification accounting, journal entries and required financial reporting.cradleaccounting.com · 30 Sept 2026
- Lease roles
- Cradle supports both lessee and lessor accounting, including sublease accounting.cradleaccounting.com · 30 Sept 2026
- Foreign exchange
- Users can enter foreign exchange rates and Cradle converts foreign-currency leases to the applicable functional currency.cradleaccounting.com · 30 Sept 2026
- Reporting
- Reports can be run for individual agreements, companies or consolidated organizations, including balance sheet, income statement, cash flow and disclosure reports.cradleaccounting.com · 30 Sept 2026
- General-ledger integration
- Cradle can mirror a customer’s general-ledger and cost-center environment so accounting data can be exported into the accounting system.cradleaccounting.com · 30 Sept 2026
- Data import and migration
- Lease data can be entered manually, uploaded through a bulk template, migrated from Excel or migrated through a custom engineering solution.cradleaccounting.com · 30 Sept 2026
- Customization
- The lease-management system supports custom fields that can be searched, stratified and exported.cradleaccounting.com · 30 Sept 2026
- Support
- Cradle says it provides knowledgeable 24/7 customer support along with guides and videos.cradleaccounting.com · 30 Sept 2026
- Security compliance
- Cradle states that it is SOC 2 Type 2 compliant.cradleaccounting.com · 30 Sept 2026
- Security controls
- Cradle states that data is encrypted in transit and at rest, hosted on Amazon Web Services, backed up daily and protected with periodic third-party penetration testing.cradleaccounting.com · 30 Sept 2026
- Target customers
- Cradle says it can serve organizations with one lease through multinationals managing hundreds of leases across subsidiaries and currencies.cradleaccounting.com · 30 Sept 2026
- Company ownership
- The site identifies Cradle as a Prophix Company.cradleaccounting.com · 30 Sept 2026
Company
- Headquarters
- Toronto, Ontario, Canadacradleaccounting.com · 28 Sept 2026
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Where it ranks on Specifiction
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Sources
- cradleaccounting.com· checked 30 Sept 2026
- cradleaccounting.com/asc-842-software· checked 30 Sept 2026
- cradleaccounting.com/ifrs-16-software· checked 30 Sept 2026
- cradleaccounting.com/security· checked 30 Sept 2026
- cradleaccounting.com/pricing· checked 30 Sept 2026